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Showing 5481 - 5490 of 8184 results for "Institutional"

Magellan appoints infra head from AMP

ALEX BURKE  |  FRIDAY, 9 OCT 2015
... infrastructure relationships. Adrian Amores joins the firm from AMP Capital, where he was head of sales strategies for institutional capabilities across absolute return, private and public markets. Prior to that, he was an institutional account manager ...

Bond King Gross files $200m suit against PIMCO

MARK SMITH  |  FRIDAY, 9 OCT 2015
Star bond manager Bill Gross is suing PIMCO, his former employer, for US$200 million ($275 million) for breach of contract and plotting to oust him from the firm he set up more than 40 years ago. The lawsuit filed in Orange County, California - where ...

Super to fund Aussie infrastructure: Shorten

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
Federal opposition leader Bill Shorten has made it no secret he will look to Australia's superannuation industry to unlock billions in capital investment for key infrastructure projects. Unveiling Labor's infrastructure plans at a Queensland Media Club ...

Australian custody market grows to $2.8 trillion

DARREN SNYDER  |  FRIDAY, 9 OCT 2015
The Australian custodial market is nearing $2.8 trillion and grew by more than 7% in the first half of 2015 according to the latest industry data. The Australian Custodial Services Association (ACSA) said as at 30 June 2015, about $1.93 trillion in ...

Turnbull backs financial start-ups

DARREN SNYDER  |  THURSDAY, 8 OCT 2015
Prime Minister Malcolm Turnbull has advocated more support to Australia's start-up businesses, including fintechs, in line with the federal government's commitment to "an innovative Australia." Helping launch IPO and placements app OnMarket yesterday ...

Australian Catholic Super launches retirement income product

STAFF WRITER  |  THURSDAY, 8 OCT 2015
Australian Catholic Superannuation and Retirement Fund has launched RetireSmart, a new account-based pension product. RetireSmart is an automated retirement income solution based on the "bucket" strategy used by financial planners. Australian Catholic ...

QIC consortium buys $1.78bn gas facility

STAFF WRITER  |  THURSDAY, 8 OCT 2015
A QIC led consortium has entered into a binding agreement to acquire the Iona Gas Storage Facility west of Melbourne in Victoria from EnergyAustralia, a member of the China Light & Power Group. The consortium, comprising the QIC Global Infrastructure ...

Super returns fall sharply in August

MARK SMITH  |  WEDNESDAY, 7 OCT 2015
The recent plunge in local and global stock markets saw super fund returns dip but performance is still solid over the longer term. According to figures from Rainmaker, the SelectingSuper workplace default option MySuper Index fell sharply during August ...

Super and TPD definitions in the spotlight

DARREN SNYDER  |  WEDNESDAY, 7 OCT 2015
Debate around definitions for total and permanent disability (TPD) insurance claims through superannuation funds has again come under the spotlight. Speaking at an Australian Institute of Superannuation Trustees (AIST) event in Sydney this morning ...

Tech boom drives super to VC

ALEX BURKE  |  TUESDAY, 6 OCT 2015
... internet start-ups per year in exchange for a 10-20% equity stake. H2 Ventures, meanwhile, has reported interest at the institutional level for its new fintech-focused fund. According to Hostplus chief investment officer Sam Sicilia, the newfound viability ...